Month: June 2024

FYI, designed for Students. “The Associate Professional in Supply Management (APSM) certification allows active ISM student members to take control of their career development.” Supply Chain Certifications To Advance Your Career…and many more at:

FYI, designed for Students. "The Associate Professional in Supply Management (APSM) certification allows active ISM student members to take control of their career development.” Supply Chain Certifications To Advance Your Career…and many more at: https://lnkd.in/g4r92hKd.Also: students interested in the Production & Operations Management Society. POMS has a $0 membership fee for students worldwide. In addition, all members will get joint membership w/ EurOMA. To join: https://lnkd.in/eJ_EisSz. Thank you, Marzieh Khakifirooz: https://lnkd.in/g2Wqy6ut.My...

I used to pack Contract Management into one class during the 1990s. Now, our supply chain students can take a customized legal & adv contract mgmt course. They take LAW 4860 so that they can learn the terms & conditions associated w/ buyer-supplier contracts. The instructors are actual lawyers & they customize the class for SCM students. Today, over 70% of current supplier contracts have price increase provisions. Here are some Practices that Can Make Your Commodity Related Supply Chain Job More Rewarding:

I used to pack Contract Management into one class during the 1990s. Now, our supply chain students can take a customized legal & adv contract mgmt course. Slide deck: https://www.linkedin.com/posts/sime-curkovic-61617a115_most-supplier-contracts-have-price-increase-activity-7201909244676239360-oAiH?utm_source=share&utm_medium=member_desktop They take LAW 4860 so that they can learn the terms & conditions associated w/ buyer-supplier contracts. The instructors are actual lawyers & they customize the class for SCM students. Today, over 70% of current supplier contracts have price increase provisions. Here...

FYI: here is some of my old school teaching material. Yes, I have copies on overhead transparencies from the 90s. Warning, most of it is still VERY relevant today. Feel free to use as you wish…teaching material on the complex, yet essential topic of “Factors Influencing the Make/Buy Decision”.

FYI: here is some of my old school teaching material. Yes, I have copies on overhead transparencies from the 90s. Warning, most of it is still VERY relevant today. Feel free to use as you wish…teaching material on the complex, yet essential topic of "Factors Influencing the Make/Buy Decision". Slide deck: https://www.linkedin.com/posts/sime-curkovic-61617a115_vertical-integration-are-we-coming-full-activity-7202275628228694016-4REe?utm_source=share&utm_medium=member_desktop This often overlooked concept is a vital aspect of strategic management and business operations. This provides a comprehensive understanding of...

FYI: more of my old school teaching material. My overhead transparencies from the 90s are NOT available upon request (they are lost). Yes, most of this is still VERY relevant today. Even “AI” agrees. See last 3 pages for list of chat prompts that could facilitate research on supplier selection.

FYI: more of my old school teaching material. My overhead transparencies from the 90s are NOT available upon request (they are lost). Yes, most of this is still VERY relevant today. Even “AI” agrees. See last 3 pages for list of chat prompts that could facilitate research on supplier selection. https://www.linkedin.com/posts/sime-curkovic-61617a115_old-school-material-1990s-but-still-relevant-activity-7202625555316305921-GR0a?utm_source=share&utm_medium=member_desktop Feel free to use as you wish…teaching material on the complex, yet essential topic of "Supplier Selection". Why? Comprehensive research on...

Here is my slide deck on Negotiation from the 1990s. I used to pack this into one class. Now, every WMU Supply Chain major has to take an entire course on Global Negotiation. Why? Industry asked us to. It is our fastest growing class.

Here is my slide deck on Negotiation from the 1990s. https://www.linkedin.com/posts/sime-curkovic-61617a115_students-go-into-buyer-roles-very-early-in-activity-7203005638883360768-zrRC?utm_source=share&utm_medium=member_desktop I used to pack this into one class. Now, every WMU Supply Chain major has to take an entire course on Global Negotiation. Why? Industry asked us to. It is our fastest growing class. Thank you Dr. James Eckert! See his 1 page cheat sheet at the end of the slide deck. Note: my students go into “buyer” roles VERY early on...

Prepping for Fall classes already…Should we be teaching Linear Programming to SCM students? Great read: Supply Chains Can’t Find Talent With The Right Skill Sets…Notice the reference to “optimization”…

Prepping for Fall classes already…Should we be teaching Linear Programming to SCM students? My slide deck: https://www.linkedin.com/posts/sime-curkovic-61617a115_talent-shortage-in-analytics-optimization-activity-7203363673598218240-DeQx?utm_source=share&utm_medium=member_desktop Great read: Supply Chains Can’t Find Talent With The Right Skill Sets…https://lnkd.in/gMe5MPBP. Notice the reference to "optimization"…“When it came time to identify what the issues to hiring are, 64% said finding the right skill set as the top challenge, followed by 58% citing a talent shortage in data analytics, optimization, automation, etc.”The context...

Tough to argue with this list though, just pay attention to ROI. Should You Give Up Your Salary and Go to Grad School? Well, that darn MBA degree still has a great ROI…“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.”

Tough to argue with this list though, just pay attention to ROI. Should You Give Up Your Salary and Go to Grad School? Well, that darn MBA degree still has a great ROI...“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” https://supplychaindigital.com/operations/top-10-supply-chain-schools Great ROI!?...At about 98% of universities that offer MBAs, grads typically made more money 2 years out of school than...

WMU Business college begins pilot study of AI for student interview preparation…KALAMAZOO, Mich.—”AI is unlikely to replace you any time soon, but those people who know AI will.” This is an adage used by Dr. Kuanchin (KC) Chen, Western Michigan University professor of computer information systems and a 30-year veteran of researching and teaching artificial intelligence.

WMU Business college begins pilot study of AI for student interview preparation...KALAMAZOO, Mich.—"AI is unlikely to replace you any time soon, but those people who know AI will.” This is an adage used by Dr. Kuanchin (KC) Chen, Western Michigan University professor of computer information systems and a 30-year veteran of researching and teaching artificial intelligence.Being on the leading edge of effectively using AI in a variety of contexts is the...

Great read…Note, we cover this in our CIS 4640 Business Data Mining class which is the capstone class in our Business Analytics minor. The forecast-driven idea is something that our CIS faculty have been selling to SCM students in this course. In fact, more than 70% of the class is about forecasting and predicting.

Great read…Note, we cover this in our CIS 4640 Business Data Mining class which is the capstone class in our Business Analytics minor. The forecast-driven idea is something that our CIS faculty have been selling to SCM students in this course. In fact, more than 70% of the class is about forecasting and predicting. https://hbr.org/2024/03/how-machine-learning-will-transform-supply-chain-management We specifically talk about data quality treatment strategies to reduce forecasting/prediction errors. CIS 4640 - Business...

This map shows how much income “single” adults need to live comfortably in each U.S. state. Another map shows the income a “family” needs to live comfortably in every U.S. state, see:

This map shows how much income “single” adults need to live comfortably in each U.S. state. Another map shows the income a “family" needs to live comfortably in every U.S. state, see: https://lnkd.in/eApdr_wa. https://www.visualcapitalist.com/mapped-the-income-needed-to-live-comfortably-in-every-u-s-state/ So, for a family to live “comfortably”, you have to be in the top 5-10%?·       The top 10% of household incomes starts at $191,406, the top 5% at $290,406, and the top 1% at $867,436…https://lnkd.in/eTwtqX2e.“Comfortable” is defined as the income...